Defined Conditions for Impact Scales of Risks on Major Project Obje

(Negative Impacts)
Project Objective Very low
0.05
Insignificant cost increase,
Cost
does not affect costs
Insignificant time increase,
Time
does not affect time
Quality degradation barely
Technical Quality noticeable, does not affect
technical quality
Relative or numerical scales are shown
Low
0.1
cost increase by < 5%
time increase by < 5%
Affect, reduce quality of
technical services /
products by <5%
mpact Scales of Risks on Major Project Objectives
(Negative Impacts)
Relative or numerical scales are shown
Medium High Very high
0.2 0.4 0.8
cost increase by 5%-10% cost increase by 10%-20% cost increase by > 20%

time increase by 5%-10% time increase by 10%-20% time increase by > 20%

Affect, reduce quality of Affect, reduce quality of Affect, reduce quality of

technical services / technical services / products technical services /
products by 5%-20% by 20%-30% products by > 30%
 Defined Conditions for Probability Scales of Risks
(Negative Impacts)
Very low (0.1) Can happen 0 time / year
Low (0.3) Can happen 1-3 times / year
Medium (0.5) Can happen 4-6 times / year
High (0.7) Can happen 7-9 times / year

Very high (0.9) Can happen 10 times to > 10 times / year

Score of Impact and Probability
E. = Expert

Negative Risk Events Impact on Time

E.1 E.2 E.3 E.4 E.5
PR1: Technical staffs, engineers make technical
0.4 0.4 0.8 0.4 0.4
mistakes at work
PR2: Technical labor shortages during Covid-19
0.4 0.4 0.8 0.4 0.8
pandemic
PR3: Lack of communication and cooperation
0.2 0.2 0.2 0.05 0.2
between staffs.
PR4: Impact from Covid-19 pandemic, condition of
0.8 0.8 0.4 0.4 0.8
environment

PR5: Losing control over the project 0.4 0.4 0.4 0.2 0.4

PR6: Ineffective on-site construction management 0.2 0.2 0.4 0.2 0.2

PR7: Lack of utilizing specialized, advance software

0.2 0.4 0.2 0.2 0.4
used for management, resource allocation
PR8: Information exchange between departments is
0.2 0.2 0.2 0.2 0.2
inconsistent and slow during projects.
PR9: Products and services do not meet customer
0.2 0.2 0.2 0.2 0.2
requirements

PR10: Suppliers deliver wrong/defect products 0.4 0.8 0.8 0.4 0.8

PR11: Late shipments from suppliers 0.4 0.8 0.4 0.8 0.8

Overall of
Negative Risk Events Time Cost Quality
Impact

25% 45% 30% 100%

PR1: Technical staffs, engineers make technical
mistakes at work 0.4 0.7 0.7 0.6
PR2: Technical labor shortages during Covid-19
pandemic 0.5 0.4 0.3 0.7
PR3: Lack of communication and cooperation
between staffs. 0.2 0.4 0.2 0.3
PR4: Impact from Covid-19 pandemic, condition of
environment 0.7 0.6 0.5 0.4

PR5: Losing control over the project

0.4 0.3 0.3 0.6

PR6: Ineffective on-site construction management

0.3 0.3 0.7 0.4
PR7: Lack of utilizing specialized, advance software
used for management, resource allocation 0.3 0.2 0.3 0.3
PR8: Information exchange between departments is
inconsistent and slow during projects. 0.3 0.2 0.2 0.2
PR9: Products and services do not meet customer
requirements 0.2 0.5 0.8 0.3

PR10: Suppliers deliver wrong/defect products

0.7 0.4 0.5 0.7

PR11: Late shipments from suppliers

0.7 0.2 0.3 0.7

Negative Risk Events Probability

E.1 E.2 E.3 E.4 E.5
PR1: Technical staffs, engineers make technical
0.7 0.7 0.7 0.5 0.7
mistakes at work
PR2: Technical labor shortages during Covid-19
0.5 0.7 0.7 0.5 0.5
pandemic
PR3: Lack of communication and cooperation
0.7 0.9 0.9 0.7 0.9
between staffs.
PR4: Impact from Covid-19 pandemic, condition of
0.7 0.7 0.7 0.7 0.7
environment

PR5: Losing control over the project 0.5 0.7 0.7 0.5 0.7

PR6: Ineffective on-site construction management 0.5 0.5 0.7 0.5 0.5

PR7: Lack of utilizing specialized, advance software

0.7 0.9 0.7 0.7 0.9
used for management, resource allocation
PR8: Information exchange between departments is
0.7 0.7 0.9 0.7 0.7
inconsistent and slow during projects.
PR9: Products and services do not meet customer
0.7 0.5 0.7 0.7 0.7
requirements

PR10: Suppliers deliver wrong/defect products 0.3 0.1 0.3 0.3 0.5

PR11: Late shipments from suppliers 0.7 0.7 0.7 0.7 0.9
mpact on Time Impact on Cost
E.6 E.7 E.8 Aver. E.1 E.2 E.3 E.4 E.5 E.6 E.7 E.8 Aver. E.1
0.4 0.4 0.4 0.4 0.8 0.8 0.8 0.8 0.4 0.4 0.8 0.8 0.7 0.8

0.8 0.2 0.4 0.5 0.2 0.4 0.4 0.2 0.4 0.4 0.4 0.4 0.4 0.4

0.2 0.2 0.2 0.2 0.4 0.4 0.4 0.2 0.4 0.4 0.4 0.2 0.4 0.2

0.8 0.4 0.8 0.7 0.4 0.4 0.8 0.4 0.4 0.4 0.8 0.8 0.6 0.4

0.4 0.8 0.4 0.4 0.2 0.4 0.2 0.2 0.4 0.2 0.4 0.4 0.3 0.2

0.2 0.2 0.4 0.3 0.4 0.4 0.4 0.2 0.2 0.2 0.4 0.4 0.3 0.4

0.4 0.4 0.4 0.3 0.2 0.4 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

0.4 0.2 0.4 0.3 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2

0.2 0.2 0.2 0.2 0.4 0.4 0.8 0.4 0.4 0.4 0.8 0.4 0.5 0.8

0.8 0.8 0.8 0.7 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4

0.4 0.8 0.8 0.7 0.2 0.4 0.2 0.2 0.4 0.1 0.2 0.2 0.2 0.2
Probability
E.6 E.7 E.8 Aver.

0.5 0.7 0.7 0.7

0.7 0.5 0.7 0.6

0.7 0.7 0.9 0.8

0.5 0.7 0.7 0.7

0.5 0.5 0.7 0.6

0.5 0.5 0.5 0.5

0.7 0.9 0.9 0.8

0.7 0.7 0.9 0.8

0.5 0.5 0.7 0.6

0.3 0.3 0.3 0.3

0.7 0.5 0.7 0.7

 Impact on Quality
E.2 E.3 E.4 E.5 E.6 E.7 E.8 Aver.
0.4 0.8 0.8 0.4 0.8 0.8 0.8 0.7

0.4 0.4 0.4 0.2 0.4 0.2 0.2 0.3

0.2 0.2 0.05 0.2 0.2 0.2 0.2 0.2

0.8 0.4 0.4 0.8 0.4 0.4 0.4 0.5

0.2 0.2 0.2 0.4 0.2 0.2 0.4 0.3

0.8 0.8 0.4 0.8 0.8 0.4 0.8 0.7

0.4 0.2 0.2 0.2 0.2 0.2 0.4 0.3

0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8

0.4 0.4 0.8 0.8 0.4 0.4 0.4 0.5

0.4 0.2 0.4 0.4 0.2 0.2 0.2 0.3

 Risk I P
T-PR1 0.4 0.7
0.9
T-PR2 0.5 0.6 Moderate risk
T-PR3 0.2 0.8 Q-PR3
C-PR7
T-PR3 Q-PR7 T-PR7
O-PR3O-PR7
C-PR3
T-PR4 0.7 0.7 0.8
O-PR8
C-PR8T-PR8
T-PR5 0.4 0.6
Q-PR8C-PR11
Q-PR11
T-PR6 0.3 0.5
0.7 C-PR
Q-PR4
T-PR7 0.3 0.8 O-PR4
T-PR1
T-PR8 0.3 0.8 T-PR9C-PR5
O-PR9
C-PR2 T-PR5 T-PR2
Q-PR2 O-P
T-PR9 0.2 0.6 0.6 Q-PR5 C-PR9
T-PR10 0.7 0.3 T-PR6 C-PR6
O-PR6
T-PR11 0.7 0.7 Probability 0.5
C-PR1 0.7 0.7
C-PR2 0.4 0.6
C-PR3 0.4 0.8 0.4
C-PR4 0.5 0.7
C-PR5 0.3 0.6 C-PR10 Q-PR10
C-PR6 0.3 0.5 0.3
C-PR7 0.2 0.8
C-PR8 0.2 0.8
0.2
C-PR9 0.5 0.6
C-PR10 0.4 0.3
C-PR11 0.2 0.7 0.1
Q-PR1 0.7 0.7
Q-PR2 0.3 0.6 Low risk
Q-PR3 0.2 0.8
0.0
0.0 0.2 0.4
Q-PR4 0.5 0.7 Impact
Q-PR5 0.3 0.6
Q-PR6 0.7 0.5
Q-PR7 0.3 0.8
Q-PR8 0.2 0.8
Q-PR9 0.8 0.6
Q-PR10 0.5 0.3
Q-PR11 0.3 0.7
O-PR1 0.6 0.7
O-PR2 0.7 0.6
O-PR3 0.3 0.8
O-PR4 0.4 0.7
O-PR5 0.6 0.6
O-PR6 0.4 0.5
O-PR7 0.3 0.8
O-PR8 0.2 0.8
O-PR9 0.3 0.6
O-PR10 0.7 0.3
O-PR11 0.7 0.7
 High risk
773

T-PR11
O-PR11
C-PR4
Q-PR4
O-PR4
T-PR1 O-PR1Q-PR1
C-PR1
T-PR4 Q-PR9
2 T-PR5 T-PR2O-PR5 O-PR2
C-PR9
R6
Q-PR6

C-PR10 Q-PR10 T-PR10

O-PR10

0.4 0.6 0.8 1.0

 0.9
Moderate risk High risk
T-PR3 T-PR7
0.8 T-PR8
T-PR11
0.7
T-PR9 T-PR1
T-PR5 T-PR2 T-PR4
0.6
T-PR6
Probability

0.5

0.4
T-PR10
0.3

0.2

0.1
Low risk
0.0
0.0 0.2 Impact 0.4 0.6 0.8

Figure 1: Risk matrix of Time

0.9
Moderate risk High risk
Q-PR3 Q-PR7
0.8
Q-PR8 Q-PR11
0.7 Q-PR4 Q-PR1
Q-PR9
Q-PR2
0.6 Q-PR5
Q-PR6
Probability

0.5

0.4
Q-PR10
0.3

0.2

0.1
Low risk
0.0
0.0 0.2 Impact 0.4 0.6 0.8 1.0

Figure 3: Risk matrix of Quality

Level of Risk Time Cost Quality Overall
T-PR1, T-PR2, C-PR1, C-PR4, Q-PR1, Q-PR4, O-PR1, O-PR2,
T-PR4, T-PR5, C-PR9 Q-PR6, Q-PR9 O-PR4, O-PR5,
T-PR10, T- O-PR10, O-
PR11 PR11
High
T-PR3, T-PR6, C-PR2, C-PR3, Q-PR2, Q-PR3, O-PR3, O-PR6,
T-PR7, T-PR8, C-PR5, C-PR6, Q-PR5, Q-PR7, O-PR7, O-PR8,
T-PR9 C-PR7, C-PR8, Q-PR8, Q-PR10, O-PR9
C-PR10, C- Q-PR11
PR11
Medium

Low
 0.9
Moderate risk High risk
C-PR7 C-PR3
0.8 C-PR8
C-PR11
0.7 C-PR4
C-PR1
C-PR5 C-PR2
0.6 C-PR9
C-PR6
Probability

0.5

0.4
C-PR10
0.3

0.2

0.1
Low risk
0.0
0.0 0.2 Impact 0.4 0.6 0.8

Figure 2: Risk matrix of Cost

0.9
Moderate risk High risk
O-PR3 O-PR7
0.8 O-PR8
O-PR11
0.7 O-PR4 O-PR1
O-PR9
O-PR5 O-PR2
0.6
O-PR6
Probability

0.5

0.4

0.3 O-PR10

0.2

0.1
Low risk
0.0
0.0 0.2 Impact 0.4 0.6 0.8

Figure 4: Risk matrix of Overall project